Warner focuses on company dynamics to find top returns

First State manager believes understanding assets is vital to performance in resources

Joanne Warner was named Resources Manager of the Year for her First State Global Resources fund at Investment Week’s 2010 Fund Manager of the Year Awards last month. First State also picked up a Specialist Group of the Year award. Warner, who has managed the fund since December 2006, believes her focus on high-quality companies with strong track records of consistent earnings growth has helped drive performance. Launched in October 2003, First State Global Resources is up 116.8% over five years to 26 July, compared to an IMA Specialist sector average of 78.4%, according to Morningstar...